Sam is a sales representative for the INC Corporation. Sam has a terrible driving record and has had his driver's license revoked, but nevertheless he continues to drive the company car for his job. One day he drives too fast for conditions, goes through a red light, and strikes a pedestrian. The accident happened despite the fact Sam's supervisor at INC had repeatedly reprimanded him and advised

him to drive more cautiously. INC has:
A) no liability, because they did not authorize Sam to drive carelessly.
B) no liability, because Sam's actions were not a tort.
C) liability even though it did not authorize Sam to drive carelessly, because it employed an improper person as its agent.
D) no liability, because it has adequately supervised Sam as its agent.


C

Business

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A) have been used more frequently in business-to-business ads in the past decade B) are designed to evoke cognitive responses C) primarily describe product attributes D) are difficult to create on television

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________ technology is a wireless network and a mobile device that receives demand notification and enables a speedy response. This solution allows the associate closest to the ordered item to physically pull it and verify its availability.

A. VMI B. Mobile task management C. CPFR D. EDI E. Data warehouse

Business

Which one of the following would not be considered an advantage of the corporate form of organization?

A) Government regulation B) Separate legal existence C) Continuous life D) Limited liability of stockholders

Business

In preparing a company's statement of cash flows for the most recent year, Jeffers Corp. reported the following information:   Repayment of outstanding bonds$107,000Purchase of treasury stock 62,000Issuance of common stock 46,000Payment of cash dividends 15,000Net cash flows from financing activities for the year were:

A. $138,000 of net cash used. B. $138,000 of net cash provided. C. $230,000 of net cash used. D. $108,000 of net cash used. E. $230,000 of net cash provided.

Business